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Jun 21, 2013
06/13
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CNBC
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what's your assessment of our economy? >> yeah. what's interesting, larry, is we know that the fiscal drag is hitting right now. the combination of tax increases and spending cuts should be the most onerous right now in the second and third quarter and yet, the u.s. economy has held in there fairly well and i'm not so optimistic that we'll get through the two quarters without a drop some place and i'm concerned about not only china's pmi, but i think we'll get softening economic data here that will take some of the taper off of the tapering that we're getting from the fed. in other words, yields should back down here after they race up a bit more. i think 275 on the ten-year might be the peak there and the midpoint in the summer we'll question the u.s. economy a little bit more because of the fiscal drag and just one more thing. two weeks ago, i got a meeting with orrin hatch, and he's obviously the ranking minority member of the central tax writing authority in the congress on the senate side, we know that tax reform is moving for
what's your assessment of our economy? >> yeah. what's interesting, larry, is we know that the fiscal drag is hitting right now. the combination of tax increases and spending cuts should be the most onerous right now in the second and third quarter and yet, the u.s. economy has held in there fairly well and i'm not so optimistic that we'll get through the two quarters without a drop some place and i'm concerned about not only china's pmi, but i think we'll get softening economic data here...
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Jun 19, 2013
06/13
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KNTV
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proponents say it will help the economy as minimum wake workers will have more money to spend. earlier this year in san francisco they raised their minimum wage. >>> have you heard about it? a way to raise money online, often for a particular project to a lot of little donations. >> one turned to crowd funding to help improve their building and ended up with not just money but some surprising attention. garvin thomas has their story tonight. >> reporter: for all the great work that they have done for the past four decades, they do keep a relatively low profile. a lot of that comes for the personal of their director michelle clark. she says she's more steak than sizzle. in tonight's bay area crowd she gets credit for both. >> so you need to know i do this all the time. ask michelle clark how one gets to washington, d.c. and she'll take you up on the roof. sha being the best place, of course, to put solar panels. in this case the panels that power the building, that houses the youth employment partnership at the corner of 23rd and international boulevard in oakland. the nonprofit
proponents say it will help the economy as minimum wake workers will have more money to spend. earlier this year in san francisco they raised their minimum wage. >>> have you heard about it? a way to raise money online, often for a particular project to a lot of little donations. >> one turned to crowd funding to help improve their building and ended up with not just money but some surprising attention. garvin thomas has their story tonight. >> reporter: for all the great...
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Jun 22, 2013
06/13
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CSPAN
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to affect the internet economy, there is something in the privacy act called the ick factor. you can't define it, but people say "ick!" i think that will affect the government use of this data. alan? >> i think it's more than just the nine companies but the real impact on the broader internet communications economy. i think that we know people do not want to use services that they don't trust them. the last two weeks have not been good for trust of major u.s. and internet medications companies, which is partly why you are hearing so much about why they are trying to, in their eyes, protect user privacy. you know, the director talked about this in his testimony from a different point of view. he said the disclosure will drive people away on the u.s. services and that is a damaging thing. i would say that is a damaging thing, but it is the existence of the services and the lack of transparency and oversight that is going to drive people away. we know people have choices out there. this will embolden the competitors, the services that are abroad, it will drive people especially
to affect the internet economy, there is something in the privacy act called the ick factor. you can't define it, but people say "ick!" i think that will affect the government use of this data. alan? >> i think it's more than just the nine companies but the real impact on the broader internet communications economy. i think that we know people do not want to use services that they don't trust them. the last two weeks have not been good for trust of major u.s. and internet...
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Jun 18, 2013
06/13
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CSPAN
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florida will lose jobs and our economy will suffer. but this will impact all americans because if florida isn't growing oranges, you won't be putting orange juice on your table. if we want to have a safe and abundant food supply, we need to pass the farm bill. the speaker pro tempore: for what purpose does the gentlewoman from washington seek recognition? >> address the house for one minute. the chair: without objection. ms. herrera beutler: i rise today to bring attention to the dredging of our nation's small ports. my tical issue and in district and this is a jobs issue in my region and for those long waterways throughout our nation. the issue is this, ports are lifelines across the river and pacific coast in my district and they are being choked off by lack of maintainance to dredging. one of my local newspapers commented if a farmer was unable to ship his wheat because a road became impassable, the federal government would rightly fix this issue immediately. it is no different for the dire circumstances facing our nation's navigabl
florida will lose jobs and our economy will suffer. but this will impact all americans because if florida isn't growing oranges, you won't be putting orange juice on your table. if we want to have a safe and abundant food supply, we need to pass the farm bill. the speaker pro tempore: for what purpose does the gentlewoman from washington seek recognition? >> address the house for one minute. the chair: without objection. ms. herrera beutler: i rise today to bring attention to the dredging...
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Jun 22, 2013
06/13
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CSPAN
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how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge imbalances out there. what i find startling is there are so many things -- which nothing is happening. for example, the european central bank had this huge trillion-euro rise a couple years ago of the assets in their balance sheet. then it came down a little bit. and for the last several months it has been absolutely flat. in other words, the extent to hich nothing is happening. it is just not credible with the huge amount of assets in central been spelling seats -- central bank balance sheets. there is very little of that spilling over into the mark
how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge...
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Jun 18, 2013
06/13
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CSPAN
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we have a slow-growing economy. despite those challenges, and the things that strikes me is some people are starting talk about a new normal. i think as citizens, as leaders of the enterprise, whether it is business or policy or politics, we owe it to the american citizenry to reject that new normal notion. i am here to tell you today that energy provides us an opportunity to do just that. people are already working on it, right? vice chair of the atlanta federal reserve board and monetary policy is doing everything they can do from a fiscal policy standpoint, a lot more work needs to be done. i consider fiscal policy right now. i want you to consider something that i live with everyday. when i consider the families we serve in the southeast, 48% of these families take less than $40,000 a day. these days -- these families make tough kitchen table decisions every day. the question i put to you and to myself and anybody ideal with, why can't we? i think we owe it to america to address these tough issues and and a way
we have a slow-growing economy. despite those challenges, and the things that strikes me is some people are starting talk about a new normal. i think as citizens, as leaders of the enterprise, whether it is business or policy or politics, we owe it to the american citizenry to reject that new normal notion. i am here to tell you today that energy provides us an opportunity to do just that. people are already working on it, right? vice chair of the atlanta federal reserve board and monetary...
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Jun 21, 2013
06/13
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CSPAN
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the economy is improving, just slowly. that is why you are not seeing everyone who wants to get a job get a job. we still have too many people looking for work for the available positions. somehow we need employers to create more jobs. that is obviously the big question of the recovery, what job -- drives job creation and what is the spark that will get us out of this period of slow growth. we have not been able to find an answer to that. we found a lot of explanations of far of what might be holding employers that -- whether consumers who are constrained by weak credit or even abroad in europe or china, holding back the man for companies that export, or could be conditions in the united states that our lawmakers have created, whether through regulation or fiscal policy or some of the other constraints. let's lookwohlford, at white-collar, professional and business service hires. may of 2006, 7 years ago. the most recent figures, the spring of 2013. guest: what we have seen in professional business services is it tends to
the economy is improving, just slowly. that is why you are not seeing everyone who wants to get a job get a job. we still have too many people looking for work for the available positions. somehow we need employers to create more jobs. that is obviously the big question of the recovery, what job -- drives job creation and what is the spark that will get us out of this period of slow growth. we have not been able to find an answer to that. we found a lot of explanations of far of what might be...
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Jun 21, 2013
06/13
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CSPAN
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the economy is improving, just slowly. that is why you are not seeing everyone who wants to get a job get a job. we still have too many people looking for work for the available positions. somehow we need employers to create more jobs. that is obviously the big question of the recovery, what drives job creation and what is the spark that will get us out of this period of slow growth. we have not been able to find an answer to that. we found a lot of explanations so far of what might be holding employers that, whether consumers who are constrained by weak credit or events abroad in europe or china, holding back demand for companies that export, or could be conditions in the united states that our lawmakers have created, whether through regulation or fiscal policy or some of the other constraints. host: john wohlford, let's look at white-collar, professional and business service hires. may of 2006, 7 years ago. the most recent figures, the spring of 2013. guest: what we have seen in professional business services is it tends
the economy is improving, just slowly. that is why you are not seeing everyone who wants to get a job get a job. we still have too many people looking for work for the available positions. somehow we need employers to create more jobs. that is obviously the big question of the recovery, what drives job creation and what is the spark that will get us out of this period of slow growth. we have not been able to find an answer to that. we found a lot of explanations so far of what might be holding...
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Jun 21, 2013
06/13
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CNBC
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>> the real economy is. i think that china is turning out to not be as important as we thought how the real economy does, but the real economy is not controlling the stock market. the real economy is a sideshow. what matters are bonds and futures traders who come in on every new piece of bad chinese news and blow out our market because they haven't figured out yet that we're not hostage to china, and i think it's the perception, it hasn't been able to get to the point where we realize in -- traders realized that china is not the be all and end all that it was. >> and i think also, too, there's just different cultural context when it comes to banking between the u.s. and china. if we saw our overnight rates shoot to 25%. it would be apocalyptic, right? >> absolutely. >> but they have a more infantile banking system there and it doesn't feet here like it does in the united states. >> one of the things that does worry me. brazil, a million people on the street. not protesting they wished they had a more capital
>> the real economy is. i think that china is turning out to not be as important as we thought how the real economy does, but the real economy is not controlling the stock market. the real economy is a sideshow. what matters are bonds and futures traders who come in on every new piece of bad chinese news and blow out our market because they haven't figured out yet that we're not hostage to china, and i think it's the perception, it hasn't been able to get to the point where we realize in...
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Jun 17, 2013
06/13
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CSPAN
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right now this economy is not growing, even in though we are being told it is growing. we are in the barrier removal is this. we do not get that message out there enough. the barriers to jobs, entrepreneurship, and ownership -- that gets people excited, that gets them in his yes to about what it is that we stand for. , r-a-c-e-eted races s. when the time comes that you can support and help to get some of the right people there. we have got to stop sending nearly 90% of the folks in d.c. back to d.c. 90%. a, activists. the foot soldiers like you and i are the ones who are going to be able to change things. the way we are going to be able to change things is that we are calling to continue to create and expand what we have already been doing for the past several years of creating a groundswell of activists, a groundswell of citizens and patriots and conservatives. as we create a groundswell of around number 2, which i will describe in a minute, it will be so massive that the politicians in washington, d.c. will want to get out in front of the parade. we have got to create
right now this economy is not growing, even in though we are being told it is growing. we are in the barrier removal is this. we do not get that message out there enough. the barriers to jobs, entrepreneurship, and ownership -- that gets people excited, that gets them in his yes to about what it is that we stand for. , r-a-c-e-eted races s. when the time comes that you can support and help to get some of the right people there. we have got to stop sending nearly 90% of the folks in d.c. back to...
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Jun 17, 2013
06/13
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MSNBCW
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we'll keep working to strengthen our economies. including through efforts, the broad economic initiative announced on friday to unlock new opportunities between our two countries. because jobs and opportunities are essential to peace. our scientists will keep collaborating with yours in fields like nanotechnology, energy. on both sides of the atlantic. because progress is essential to peace. and because knowledge and understanding is essential to peace we'll keep investing in programs that enrich both of us. including exchanges programs that have given people to travel to each other's country and learn from each other. one of those young people is here today, sill vie gordon, is the director of ground worked northern ireland, aims to bring about change from the ground up. where is sylvia? where is she? she's here somewhere. you're here, too, yeah. some kind waved i'm here. which is good, i appreciate you being here. as someone who got my start as a community organizer i was so impressed with what sylvia has done. a few years ago, s
we'll keep working to strengthen our economies. including through efforts, the broad economic initiative announced on friday to unlock new opportunities between our two countries. because jobs and opportunities are essential to peace. our scientists will keep collaborating with yours in fields like nanotechnology, energy. on both sides of the atlantic. because progress is essential to peace. and because knowledge and understanding is essential to peace we'll keep investing in programs that...
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Jun 23, 2013
06/13
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FBC
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that you would change behavior by people could get anywhere they once and at is called substitutes in economi. >> indiana forces convenience stores to sell beer that is warm. >> they say if the kids see the bier in the cooler and next to the coup they then they will somehow equate the to g walking b it in the aisle when it is warm does not have the same impact. >> and then you don'tdrink it ithe car? >> people that are highly motivated to drink i don't think they will be discougednd those of patients by it ahead of time. john: with the steady what is the bottom line? >> it is certainly an improvement over prohibition but it would be better to educate to give people a choice. john: monday is okay in america andex for many is rbidden. working at the moonlite bunnyranch one o zero legal brothels america. dennis hof is her boss. >> you are a pimp. >> hava license. john: you are a licensed tampa john: sex for many or prostitution is legal in mu of the world but not america if the womanants to be paid for sex the police could locker up in reporters say this. >> tale may be the safest place the high
that you would change behavior by people could get anywhere they once and at is called substitutes in economi. >> indiana forces convenience stores to sell beer that is warm. >> they say if the kids see the bier in the cooler and next to the coup they then they will somehow equate the to g walking b it in the aisle when it is warm does not have the same impact. >> and then you don'tdrink it ithe car? >> people that are highly motivated to drink i don't think they will be...
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Jun 18, 2013
06/13
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CNBC
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eye 92
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one of the biggest problems in the economy, interesting changes here. used to be concerned about too little deficit reduction. that back in april. that's fallen off. not a whole lot of concern about deflation or overall inflation and a little bit more concern about too much deficit reduction, that the sequester is hitting the economy in a bad way, but those aren't on the top. let's go to the next one to look at the top, the next graphic, there we go. the european financial crisis falling off, slow job growth and tax and regulatory policies the two maintaining the top spot for the second month in a row. let's see some of the other ones, 11% sluggish overseas growth, overall uncertainty. asset price bubbles and declines. slow income growth, slow overall growth, and then there's negative economic commentary by the press. thought i'd throw that in there. someone did mention that. as for the overall economic outlook, really unchanged since the april survey. looking for 2.1% year over year and accelerating to 2.6% next year. tyler, not a lot of concern about
one of the biggest problems in the economy, interesting changes here. used to be concerned about too little deficit reduction. that back in april. that's fallen off. not a whole lot of concern about deflation or overall inflation and a little bit more concern about too much deficit reduction, that the sequester is hitting the economy in a bad way, but those aren't on the top. let's go to the next one to look at the top, the next graphic, there we go. the european financial crisis falling off,...
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Jun 18, 2013
06/13
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FBC
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gerri: when you make of this economy? >> we are not doing well. as he said, unemployment remains very high, double digits for comprehensive measures of unemployment. gerri: one of the little secrets of thii economies that interest rates are so low that if you're a senior or savior in 10 favor, you're getting nothing for your money. >> that a strike would have a big stick what the fed does. everyone's credit cards, car loans, higher. it is going to go there to interest rates are going through the roof. let's say that you have an adjustable rate mortgage by the interest rates. >> that is a problem that we want to have is an economy that is growing so rapidly. a lot of people need to understand how we need to slow it down. gerri: douglas holtz eakin, thank you for coming on. we are so privileged to know you. thank you. my "two cents more" on what will happen when the fed makes its decision, if it does come at the end of the show. later in the show, we'll be speaking with the former state victims advocate from connecticut. she will bring us the latest
gerri: when you make of this economy? >> we are not doing well. as he said, unemployment remains very high, double digits for comprehensive measures of unemployment. gerri: one of the little secrets of thii economies that interest rates are so low that if you're a senior or savior in 10 favor, you're getting nothing for your money. >> that a strike would have a big stick what the fed does. everyone's credit cards, car loans, higher. it is going to go there to interest rates are...
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Jun 17, 2013
06/13
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CNBC
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the two largest economies in the world, especially when you put all the european economies together. that's really going to be overshadowed by syria. the other thing about the free trade talks is the french are already complaining saying they want their art and film industry protected. they seem to have forgotten that gerard depardieu has already moved. they are saying the economy remains weak, but they are very focused, larry, on getting everyone to pay more taxes. they definitely want that for sure. >> what a great idea. it's a six-quarter double-dip recession. >> yeah. >> and they want everybody to pay more taxes, michelle. i mean, i just love that. just love that. what a -- there's no -- there's no word in european speak for capitalisma, is there? >> when they see high levels of tax evasion they think everybody needs to enforce better instead of realizing the best way to combat tax evasion and to lower tax evasion is to lower taxes. >> oh, michelle. i am sending you in to do battle. how good is that. >> good luck. >> as always, many, many thanks to cnbc's michelle caruso-cabrera.
the two largest economies in the world, especially when you put all the european economies together. that's really going to be overshadowed by syria. the other thing about the free trade talks is the french are already complaining saying they want their art and film industry protected. they seem to have forgotten that gerard depardieu has already moved. they are saying the economy remains weak, but they are very focused, larry, on getting everyone to pay more taxes. they definitely want that...
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Jun 16, 2013
06/13
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CNN
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we're a global open economy. what happens in china and europe will certainly matter for our outlook as well. >> for most of the people watching us rights n now, their house or job is how they create wealth, not a big investment portfolio. talk to me about those two things. for someone watching me now, i have no control over china or ben bernanke, how can regular people make money right now or protect their money? what do you tell people? >> a great question to ask. housing is a big part of that. we're seeing real signs of life in the housing market. quite encouraging. last year, home prices up about starting to see that appreciation is very powerful in terms of building back household wealth, fueling consumer spending and helping to support overall confidence. >> do you agree? >> the first time in consumer positive. you get a lot of people very regressive, americans are fed up with that, getting on with their life and things they own are going up in price. housing prices could go up 10 to 15%. it could be phenome
we're a global open economy. what happens in china and europe will certainly matter for our outlook as well. >> for most of the people watching us rights n now, their house or job is how they create wealth, not a big investment portfolio. talk to me about those two things. for someone watching me now, i have no control over china or ben bernanke, how can regular people make money right now or protect their money? what do you tell people? >> a great question to ask. housing is a big...
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Jun 21, 2013
06/13
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FOXNEWSW
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we this economy is maybe in first gear. now the federal reserve board, who hasn't accurately predicted anything about the economy over the last four years and has never predicted a recession, says, okay, we think now we're getting close to the point where we can pull the stimulus out of the market. nobody gets it. why now? we don't have enough traction here to do this. >> jerry, you talked to individual investor, portfolio people, not the manager. should they continue the course, keep the regular purchases or dollar cost averaging? >> they should absolutely. but a lot of the folks who watch our show don't like what they've seen in the market. they tone like the way we got to the rally. the think it's all about ben bernanke and the fed. they wore if he takes his foot off the gas pedal. who knows what will happen to the stack mark. you have too -- the stock market. you have to be invest elfed. the only thing to give you enough oomph to get you through retirement, putting the kids in scamp it's essential. >> jimmy there are so
we this economy is maybe in first gear. now the federal reserve board, who hasn't accurately predicted anything about the economy over the last four years and has never predicted a recession, says, okay, we think now we're getting close to the point where we can pull the stimulus out of the market. nobody gets it. why now? we don't have enough traction here to do this. >> jerry, you talked to individual investor, portfolio people, not the manager. should they continue the course, keep the...
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Jun 19, 2013
06/13
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KPIX
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eye 94
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not only do we have to grow, but we also have to reform our economies structurally. >> the president also took time to defend u.s. surveillance programs saying they have averted at least 50 threats and saved lives in the process. mr. obama's berlin visit comes almost 50 years to the day it was june 26th, 1963, when president kennedy delivered his anticommunism speech with the well known phrase, "ich bin ein berliner." >>> house republicans want to make it a federal crime to be in the u.s. illegally. a republican-based house economic voted yesterday to pass a bill boosting criminal penalties against anyone who is not a citizen. republicans say the bill is necessary to uphold enforcement of the law. democrats say it's too dangerous and are especially disappointed as the senate plans to work on an immigration bill to provide citizenship for millions of people. >>> developing news on a wildfire along the road at yosemite national park. hundreds of evacuees are home but the carstens fire is still off carstens road and east of 140. the fire is 40% contained. it started sunday from a campfi
not only do we have to grow, but we also have to reform our economies structurally. >> the president also took time to defend u.s. surveillance programs saying they have averted at least 50 threats and saved lives in the process. mr. obama's berlin visit comes almost 50 years to the day it was june 26th, 1963, when president kennedy delivered his anticommunism speech with the well known phrase, "ich bin ein berliner." >>> house republicans want to make it a federal...
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Jun 17, 2013
06/13
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KPIX
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. >>> meanwhile, across the pond they are talking the global economy. the g8 summit is under way in northern ireland, but it's not all about monetary policy. cbs reporter tara mergener on the discussions expected on u.s. wiretapping and syria. >> hello, everybody. >> reporter: president obama and british prime minister david cameron visited a northern ireland school where students are learning about the g8 summit. >> i think i just went outside the lines. >> reporter: but soon, the president and his counterparts turned their attention to the global economy. >> i'm pleased to join these leaders to announce the launch of negotiations on a new trade agreement. >> reporter: the economy is not the only topic at the g8. the civil war in syria is expected to dominate talks including president obama's meeting with russian president vladimir putin. russia supports bashar al-assad and sells him weapons. putin opposes president obama's plan to give military assistance to rebel forces trying to overthrow the government calling the fighters barbarians. >> are these
. >>> meanwhile, across the pond they are talking the global economy. the g8 summit is under way in northern ireland, but it's not all about monetary policy. cbs reporter tara mergener on the discussions expected on u.s. wiretapping and syria. >> hello, everybody. >> reporter: president obama and british prime minister david cameron visited a northern ireland school where students are learning about the g8 summit. >> i think i just went outside the lines. >>...
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Jun 21, 2013
06/13
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MSNBCW
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economies. and the flows, the annual and seasonal flows of people back and forth across the border, the links people have across the border. and it would take that into account in, you know, a realistic sort of real-world way. and we're expecting real world out of the you see congress? you're not going to get it. >> real world out of the senate, saying nothing of the house, where the raoul labrador, i believe, mocked the fear of a large senate passing, 70-vote passage of immigration reform saying, ooh, i'm scared. that is not a good sign. this is one of the guys working on the house bill. >> absolutely. you know, i mean, there is big problems getting anything passed the house, talking about this in terms of the farm bill and holds for immigration as well. we also do need to think about priorities here. it's good to have the immigration laws enforced. but it's already more than the whole rest of federal law enforcement combined. and that's the thing to think about. we have organized crime element
economies. and the flows, the annual and seasonal flows of people back and forth across the border, the links people have across the border. and it would take that into account in, you know, a realistic sort of real-world way. and we're expecting real world out of the you see congress? you're not going to get it. >> real world out of the senate, saying nothing of the house, where the raoul labrador, i believe, mocked the fear of a large senate passing, 70-vote passage of immigration...
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78
Jun 20, 2013
06/13
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KPIX
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that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time weekly unemployment claims rose to 354,000 within the range of job growth. if the economy is stumbling along, that is going to force the fed to continue its current quantitative easing plan. it's a perverse way of looking at things. it's a rough start today. dow down 134. nasdaq down 31. s&p lower by 14. michelle and brian, back to you. >> thank you, jason brooks. >>> the key players are still say very little bit ousting of men's warehouse founder and pitchman george zimmer. >> you're going to like the way you look, i guarantee it. >> the clothing chain which has corpo
that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time...
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Jun 17, 2013
06/13
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KPIX
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eye 98
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he'll make a statement about the economy on wednesday. last month the fed said bernanke may start slowing down his stimulus program, and that sent the market scrambling. last week the dow drop 105 points to finnive just over 15,000 while the nasdaq dropped 21 points. >>> some of the markets are still bullish on the economy. that's not discouraging a number of economists. they're predicting a healthier economy and lasting growth. >>> gm is recalling an additional 200,000 mid-size suvs in august. they recalled almost 250,000, but it was limited to those sold in the 20 snowbelt states. this time the recall is nationwide and for the same problem. the power door and window module in the driver's door can catch fire even when it's not being used. the recall is for the 2006 and 2007 chevy trailblazer, gmgmc envoy, buick rainier, saab 9-7x, and isuzu ascender. >>> a high-ranking irs official says she was involved in targeting tea batter groups. holly paz said she reviewed hundreds of transcripts. paz has been placed administrative leave. >>> and
he'll make a statement about the economy on wednesday. last month the fed said bernanke may start slowing down his stimulus program, and that sent the market scrambling. last week the dow drop 105 points to finnive just over 15,000 while the nasdaq dropped 21 points. >>> some of the markets are still bullish on the economy. that's not discouraging a number of economists. they're predicting a healthier economy and lasting growth. >>> gm is recalling an additional 200,000...
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Jun 21, 2013
06/13
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there are concerns when this happens whether or not the economy will be strong enough for that to happen and the st. louis fed president james bullard who dissented against talking about signalling a bond tapering said that it may have been premature to talk about that when the fed in the process was trimming back its own economic forecast for 2013. but the market has stabilized a bit today but certainly if we're going to see volatility continue for some time until the fed does say exactly when it will make that bond move. let's take a quick look at the market right now. the dow is up by 64 points. it's been back and forward today. nasdaq is still down by 10 on pressure from oracle's weaker- than-expected earnings. the s&p up by 6 points right now. michelle, we'll take that right now. >> yeah, we will. kcbs radio's financial reporter jason brooks, thank you. >>> in other economic news california's latest employment numbers show more people are heading to work every day. the state's unemployment rate fell to 8.6% last month. that's the first time in nearly five years the jobless rate has
there are concerns when this happens whether or not the economy will be strong enough for that to happen and the st. louis fed president james bullard who dissented against talking about signalling a bond tapering said that it may have been premature to talk about that when the fed in the process was trimming back its own economic forecast for 2013. but the market has stabilized a bit today but certainly if we're going to see volatility continue for some time until the fed does say exactly when...
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Jun 18, 2013
06/13
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the economy is on everybody's minds. we're seeing stagnant job numbers, confidence in the institution and government is eroding. joining me, samantha gordon. thank you for joining us. samantha, you heard kelly o'donnell say that you have republicans, conservatives who believe, yes, this may not go anywhere, meaning turning into law. but their message is being discussed and it is on the forefront and we are leading this show and many others have talked about it all day. >> you know, absolutely, tamron. back in 2012 the republicans know they have an anti-choice, anti-woman agenda and that's what we're seeing today. you know, they say they want to appeal to women but that's not what they're doing. they're saying they want to push a social agenda despite the way women and most americans feel. seven out of ten americans support roe versus wade. we've seen that this year. however, this eey refuse to wor jobs and the economy and push their personal agenda on the american people. >> craig melvin asked if this bill is pandering a
the economy is on everybody's minds. we're seeing stagnant job numbers, confidence in the institution and government is eroding. joining me, samantha gordon. thank you for joining us. samantha, you heard kelly o'donnell say that you have republicans, conservatives who believe, yes, this may not go anywhere, meaning turning into law. but their message is being discussed and it is on the forefront and we are leading this show and many others have talked about it all day. >> you know,...
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Jun 20, 2013
06/13
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that stimulus program pushed the stock market to all-time highs but bernanke says the economy is looking up and predicts unemployment will drop to 7% so he says that stimulus might not be needed anymore. >>> best buy is recalling replacement batteries for the macbook pro laptop. the battery can apparently catch fire. so far, there have been more than a dozen reports of this happening. one person suffered a serious burn on the leg. the atg lithium ion batteries were sold between 2008 and 2012. >>> a major donut chain is about to roll out gluten-free products. dunkin' donuts says it plans to offer them in cinnamon sugar and blueberry muffins by the end of the year. about 1% of americans have celiac disease. even small amounts of gluten can prompt severe discomfort so now they can have donuts. >>> key players are saying little about the firing of men's warehouse founder and pitchman george zimmer. >> you'll like the way you look, i guarantee it. >> we have seen those ads for years. the corporate chain with offices in fremont made a statement yesterday. they haven't said why they fired the e
that stimulus program pushed the stock market to all-time highs but bernanke says the economy is looking up and predicts unemployment will drop to 7% so he says that stimulus might not be needed anymore. >>> best buy is recalling replacement batteries for the macbook pro laptop. the battery can apparently catch fire. so far, there have been more than a dozen reports of this happening. one person suffered a serious burn on the leg. the atg lithium ion batteries were sold between 2008...
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Jun 19, 2013
06/13
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and germany have to work together to help improve the world economy. they are all on the president's agenda today. >>> let's get one last check on the weather on our last day of spring, right? >> that's right. >> last full day of spring. a little breezy outside right now. mostly sunny over san francisco. temperatures generally in the 50s. by the afternoon, maybe slightly warmer. 70s in the valleys. you will see 60s and 70s around the bay, blustery at the coastline, highs in the 60s. next couple of days, here comes summer! and we are going to warm things up through saturday. cool it back down on sunday. >>> we'll get a final check of the bay bridge toll plaza where it is a busy morning stacked up into the maze but probably your slowest drive time is the westbound 580 ride through livermore. >> all right. remember, we'll give you another update on that bridge collapse in mesa, arizona. you can also keep updated on our website, kpix.com. thanks for watching kpix 5 news this morning. remember, your next local update is 7:25. >> "cbs this morning" is coming
and germany have to work together to help improve the world economy. they are all on the president's agenda today. >>> let's get one last check on the weather on our last day of spring, right? >> that's right. >> last full day of spring. a little breezy outside right now. mostly sunny over san francisco. temperatures generally in the 50s. by the afternoon, maybe slightly warmer. 70s in the valleys. you will see 60s and 70s around the bay, blustery at the coastline, highs in...
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Jun 17, 2013
06/13
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he will make a statement about the economy on wednesday. last month he said the fed may start slowing down its stimulus program sending the market scrambling on friday. the dow was down 106 while the nasdaq slipped almost 22. >>> and gm is recalling an additional 200,000 midsized suvs. in august, they recalled almost 250,000 but it was limited to those sold in the 20 snow belt states. this time the recall is nationwide and for the same problems. the power door and window module in the driver's door can catch fire even when not being used. the recall is fourth 2006 and 2007 chevy trailblazer, gmc envoy, buick rainier, saab 97x, isuzu ascender, the 2006 chevy trailblazer ext and the gmc envoy xl. so if you have any of those cars, you want to get to the dealership and get that fixed. >> back here on the silicon valley a lot of eyes on the apple ebook trial. closing arguments scheduled this week. >> reporter: that's right. and the justice department claims that apple conspired with publishers to fix the price of ebooks but unlike the five publi
he will make a statement about the economy on wednesday. last month he said the fed may start slowing down its stimulus program sending the market scrambling on friday. the dow was down 106 while the nasdaq slipped almost 22. >>> and gm is recalling an additional 200,000 midsized suvs. in august, they recalled almost 250,000 but it was limited to those sold in the 20 snow belt states. this time the recall is nationwide and for the same problems. the power door and window module in the...
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Jun 17, 2013
06/13
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a year as much as 10 billion pounds in the uk economy. there are some concerns that the french might scoff at this because they want exceptionalism for their enterprises. elsewhere, some form of deal on tax evasion could be on the agenda. they're trying to get companies and individuals globally to have some sort of register of interest which will cut down on that avoidance and evasion well. shinzo abe in town explaining once again how japanese abenomic policies are aimed at the domestic economy and not destabilizing global currency markets, although it is noticeable ahead of this meeting there's been less rhetoric against the japanese than there was ahead of the recent g-20 which i attended in moscow. it's all to play for still here over the next 48 hours, ross. back to you. >> all right. that's steve with the latest from northern ireland. >>> u.s. markets after being down three out of the last four weeks called higher this morning at the hope as far as futures are concerned. the s&p 500 currently around 40 points. the nasdaq is about 31
a year as much as 10 billion pounds in the uk economy. there are some concerns that the french might scoff at this because they want exceptionalism for their enterprises. elsewhere, some form of deal on tax evasion could be on the agenda. they're trying to get companies and individuals globally to have some sort of register of interest which will cut down on that avoidance and evasion well. shinzo abe in town explaining once again how japanese abenomic policies are aimed at the domestic economy...
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Jun 17, 2013
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what does this say about the state of the american economy when we're talking about this story? >> one of the things that hasn't come out, the analogy of having a modern day plantation scheme. the perpetrators were pakistani and filipino and the victims were pakistani and filipino, that's number one, so it's very interesting intracultural thing going on, and also i think there's -- this sort of speaks the whole problem of immigrat n immigration. these are people who we have haphazard immigration system, there are people here that the black market sort of takes care of and handles rather than -- >> or abuses. >> or allows people a path to citizenship. >> more clarity less likely to be abuse. >> i'm unclear about the role of fear versus choice. you're saying that the people who were perpetrating themselves were the pakistanis and filipinos. >> correct. >> what does that tell us about the scheme? who started it, what's the chicken and what's the egg here? >> my guess is they had some program with relatives and friends back in the philippines and pakistan saying come work for my unc
what does this say about the state of the american economy when we're talking about this story? >> one of the things that hasn't come out, the analogy of having a modern day plantation scheme. the perpetrators were pakistani and filipino and the victims were pakistani and filipino, that's number one, so it's very interesting intracultural thing going on, and also i think there's -- this sort of speaks the whole problem of immigrat n immigration. these are people who we have haphazard...
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Jun 22, 2013
06/13
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through mandatory minimum's ran contrary to common law and that celebrated tradition and traditional economy. in the place of judicial discretion james davis the subcommittee chairman from georgia proposed in 1953 that mandatory minimum sentences be attached to a series of offenses that would require a presiding judge to give a predetermined sentence no matter what the judge happened to think. davis drew heavily on his views of the district to justify the move. we have reached the point where it's risky for women and girls to be on the streets after dusk congressman davis concluded at a time when d.c.'s crime rate was one of the lowest of any major city in the country. despite the crime panic some congressman voiced reservations and urged caution. pennsylvania democrat herman eberhard or the most outspoken critic of the bill pointed out congress is proposing something to the residence of the district of columbia that is not required in any state of the union adding we are attempting in fact to use the district of columbia as a guinea pig on which to tryout a radical departure of rentals but
through mandatory minimum's ran contrary to common law and that celebrated tradition and traditional economy. in the place of judicial discretion james davis the subcommittee chairman from georgia proposed in 1953 that mandatory minimum sentences be attached to a series of offenses that would require a presiding judge to give a predetermined sentence no matter what the judge happened to think. davis drew heavily on his views of the district to justify the move. we have reached the point where...
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Jun 21, 2013
06/13
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bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in measured steps through the first half of next year. >> reporter: on wednesday, bernanke said a pullback on $85 billion worth of bond purchases made each month could begin by the end of this year. >> this is a natural correction we've been looking for. >> reporter: china is the world's second largest economy. it's work on its own issues. chinese banks are making it more difficult to lend cash. as credit tightens chinese consumers are spending less on goods from the west which weakens other economies in the process. the stimulus ending and china's slowing combination has inve
bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in...
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Jun 21, 2013
06/13
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they are more credit sensitive, and steve just mentioned, hey, we think that the economy is going to continue to go along quite well. you're not going to have bankruptcies in high yield and even slow growth will alol two companies to continue to chug along pay a much higher interest rate now than what they were a couple of weeks ago, and it really represents, we think, probably the best value out there in fixed income. >> we're making this a very actionable friday, okay, so our viewers, maybe they believe, what do i do? i can't go out and buy a double p-minus corporate credit? what's the easiest way for the audience to play what you're saying? >> certainly can you go to a managed high-yield fund and go to an etf and our concerns with an etf, being an adviser and manager, is you can't really distinguish good bonds from bad bonds and there are good bonds out there in junk land so find an adviser you can trust who has a fund that's well diversified in high yield. play there. >> meantime, steve, you've been telling everybody out there to sell every single bond they have. >> right. i mean
they are more credit sensitive, and steve just mentioned, hey, we think that the economy is going to continue to go along quite well. you're not going to have bankruptcies in high yield and even slow growth will alol two companies to continue to chug along pay a much higher interest rate now than what they were a couple of weeks ago, and it really represents, we think, probably the best value out there in fixed income. >> we're making this a very actionable friday, okay, so our viewers,...
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Jun 20, 2013
06/13
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even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend on that program. >>> are you better off now financially? many americans say no. a cnn poll has found 44% of americans say their financial situation is actually worse today compared to a year ago. 36% say they are better off, and 20% say their personal situation is just about the same. only half say they expect economic conditions to be better one year from now. >>> bay area doctors may soon change the way they treat obesity, because of one word, ktvu's heather holmes is live now in oakland with reaction to obesity, now labeled as a disease. >> repor
even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend...
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Jun 16, 2013
06/13
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do you believe immigration enriches our economy and pat ramone or not? are you trying to get in "time" magazine, like chuck schumer, this week is the master deal-maker. do you sell out the public policy interest to the country? >> the real practical question, we have been talking about immigration reform now for so long. we have seen it die in congress before. we watched it die six or seven years ago. roberto, to hear you talk about all the imperfections of this bill, they are glaring, absolutely. i mean, we call these things compromise. part of compromise, there are awful things that get in these bills. i wonder at this point, is it something you would say, sink this bill over, for instance, the -- not the cornyn amendment but -- like rubio -- >> the overall legislation, as rick said, is very represses ive in its essence. the gang of eight, bipartisan consensus, will do nothing, absolutely nothing, to ameliorate the worst parts of immigration policy as far as persecuting, prosecuting, jailing, deporting, rating, terrorizing, killing immigrants. nothing
do you believe immigration enriches our economy and pat ramone or not? are you trying to get in "time" magazine, like chuck schumer, this week is the master deal-maker. do you sell out the public policy interest to the country? >> the real practical question, we have been talking about immigration reform now for so long. we have seen it die in congress before. we watched it die six or seven years ago. roberto, to hear you talk about all the imperfections of this bill, they are...
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Jun 21, 2013
06/13
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plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging t
plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging t
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Jun 21, 2013
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the economy isn't growing as fast as it had been. the pros say this was bound to happen after months of gains and record highs. in fact, the fed pulling back is a sign the economy is getting better. >> there's no fear or panic going on. we know it's going to be a nice, slow, orderly process to see if our economy can stand on its own again. >> stocks were only part of the bad news. a metal meltdown. gold, the filter is dropping like a rock, losing a quarter of the value this year. don't be afraid to peek at your 401(k). after yesterday's dramatic drop, the dow was up 12.5% this year. >> everything was moving yesterday. interest rates on treasury bonds hit a two-year high. higher mortgage rates, higher car payments could be around the corner. don't despair. stock futures in the u.s. are up a little bit so far. we'll keep monitoring it. >> you used a swear word before we went on air. >> i did. i said darn, that was a horrible day in the markets. i can't wait to see what happens today. >> it was bad. >> it was. it was fierce. you have ev
the economy isn't growing as fast as it had been. the pros say this was bound to happen after months of gains and record highs. in fact, the fed pulling back is a sign the economy is getting better. >> there's no fear or panic going on. we know it's going to be a nice, slow, orderly process to see if our economy can stand on its own again. >> stocks were only part of the bad news. a metal meltdown. gold, the filter is dropping like a rock, losing a quarter of the value this year....
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Jun 16, 2013
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very important for the cash flow, the real economy of north korea, and it is important to point out that north korea's nuclear weapons station program was kim jong-il stream. believe me. the north koreans see it that way. it is part of the dynastic process in north korea that this dream by the great leader has now been carried on through the cheerleader and by the young kid if that makes sense to you. so, i actually where wrote a chapter as i talked about in my book where i lay out what the capabilities are the bridges right up today of february of this year, and then i talked about what they could do with the capabilities. then i talk about the kinds of countermeasures a weekend taken talk about recent initiatives of the are okay u.s. alliance. hopefully you will enjoy reading the chapter. there is more that kim jong-il did to set this up for survival. this was probably the most enjoyable chapter for me to write. i really enjoyed writing this chapter. that is, they have proliferation to state and not state actors. please allow me to point out that many of the state actors that of career
very important for the cash flow, the real economy of north korea, and it is important to point out that north korea's nuclear weapons station program was kim jong-il stream. believe me. the north koreans see it that way. it is part of the dynastic process in north korea that this dream by the great leader has now been carried on through the cheerleader and by the young kid if that makes sense to you. so, i actually where wrote a chapter as i talked about in my book where i lay out what the...
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Jun 22, 2013
06/13
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it's everyday reinvesting for your personal economy. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark u
it's everyday reinvesting for your personal economy. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is...
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Jun 15, 2013
06/13
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only ford gives you ecoboost fuel economy and a whole lot more. go further. [ sneezes ] you're probably muddling through allergies. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin® because it starts working faster on the first day you take it. zyrtec®. love the air. it's the only place for st. john's bay. and with this weekend's coupon, you can save $10 when you spend $50. so come back to jcpenney. and put the happy in happy father's day. like other precious things that start off white, it yellows over time. when it comes to your smile, if you're not whitening, you're yellowing. crest whitestrips whiten as well as $500 professional treatments. guaranteed. crest 3d white whitestrips. guaranteed. so you can capture your receipts, ink for all business purchases. and manage them online with jot, the latest app from ink. so you can spend less time doing paperwork. and more time doing paperwork. ink from chase. so you can. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell
only ford gives you ecoboost fuel economy and a whole lot more. go further. [ sneezes ] you're probably muddling through allergies. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin® because it starts working faster on the first day you take it. zyrtec®. love the air. it's the only place for st. john's bay. and with this weekend's coupon, you can save $10 when you spend $50. so come back to jcpenney. and put the happy in happy father's day. like other precious...
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Jun 18, 2013
06/13
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and then tomorrow, fed chief ben bernanke will talk about the economy. investors are hoping he'll clarify what he said last month about the fed possibly dialing back it's bond buying program. >>> ahead of that federal reserve meeting, tokyo's nikkei lost a quarter percent while hong kong's hang seng was mostly flat. >>> on monday, investors guessed the central bank will prop up the economy. so the markets went up. the dow climbed 109 points, while the nasdaq rose 28 points. >>> standard & poor's lowered ford motors stock from buy to hold. the market index claimed ford's losses in europe which are expected to reach $2 billion this year. but s&p did say pickup sales in the u.s. should help the automakers see strong profits. >>> a big coup for netflix. starting next year, they'll be joining forces with dreamworks. the agreement is said to include 300 hours of new tv episodes. financial details have not been released but it's expected to be worth several hundred million dollars. the deal will help netflix compete with premium channels like hbo and showtime.
and then tomorrow, fed chief ben bernanke will talk about the economy. investors are hoping he'll clarify what he said last month about the fed possibly dialing back it's bond buying program. >>> ahead of that federal reserve meeting, tokyo's nikkei lost a quarter percent while hong kong's hang seng was mostly flat. >>> on monday, investors guessed the central bank will prop up the economy. so the markets went up. the dow climbed 109 points, while the nasdaq rose 28 points....
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economy. >> which is now the critical question, with the rates going up, what is the impact on mortgage rates? and cramer tweeting watch the t etf that tracks the real estate, the ytr, and there is a shift that people are going to be looking at investing in the market, and the builders and the reits and the utilities and the tell co telecomes and other stocks fallen out of favor. >> and there's jim's tweet. he is not here, but here in spirit. my theory is that the fed is simply trying to make the bond market's slide more orderly so mortgage rates don't go to 5% in straight line. >> the fact of the increase in mortgage rates has not come out of the off increase in the 10-year, but because the mortgage investors need clarity from the fed and important to watch the spread between the 30-year mortgage and the 10-year treasury, because if it is not compressive, the fed has to worry about that as well. yesterday they said they are not going sell mortgages out of the port fo portfolios which is a cha
economy. >> which is now the critical question, with the rates going up, what is the impact on mortgage rates? and cramer tweeting watch the t etf that tracks the real estate, the ytr, and there is a shift that people are going to be looking at investing in the market, and the builders and the reits and the utilities and the tell co telecomes and other stocks fallen out of favor. >> and there's jim's tweet. he is not here, but here in spirit. my theory is that the fed is simply...
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Jun 18, 2013
06/13
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economy would not only be a stall on the u.s. economy as we see the policies set be i the fed are being imitated this is what draggy has been doing in europe and in japan. i many own sense is that for a short period of time, probably another two or three quarters. it's important for america to continue to provide the leadership that will allow a global recovery to occur. then we do have to get on with the business of solving structural issues. i don't think it will be easier to solve structural issues if we find ourselves back in the state in the recovery we currently have is going to be questioned. >> i think that's right nevada the confidence fa we node to keep if economy going seems to be correlated to the market's perception of what the fed is doing. and maybe we're surprised by that a little bit because the fundamentals shouldn't be so checked. but the pact is, they are. the psychology, the canesian animal spirits, if you will, seem to be realed to the market's reactions to where the fed is on the issue. and i think what you
economy would not only be a stall on the u.s. economy as we see the policies set be i the fed are being imitated this is what draggy has been doing in europe and in japan. i many own sense is that for a short period of time, probably another two or three quarters. it's important for america to continue to provide the leadership that will allow a global recovery to occur. then we do have to get on with the business of solving structural issues. i don't think it will be easier to solve structural...
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Jun 17, 2013
06/13
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coming up not just the economy. the top issue facing world leaders at the g8 summit. >> plus, hundreds evacuated into the streets of san francisco. the cause and will it impact business this morning? >> reporter: i'm linda yee in pacifica. she's only 10 years old, but she was able to punch her way out of an attempted kidnapping. i'll have her story. ,, ,,,,,,,,,,,,,,,,,, >>> in this case it seems like we had a tough little girl who hand herself very well. >> a man 6 feet tall approached the 10-year-old and said come with me. >> crews are going from address to address restoring service following a gas main break. >> we saw the bomb squad. we didn't know what's going on. >> president obama is in northern ireland to meet with world leaders at the g8 summit. syria is not formally on the docket but is expected to dominate the talks. >> there are very big differences between the analysis we have of what happened in syria and who is to alabama. >> we have a long road here. i don't want to create a long belief that tomorrow
coming up not just the economy. the top issue facing world leaders at the g8 summit. >> plus, hundreds evacuated into the streets of san francisco. the cause and will it impact business this morning? >> reporter: i'm linda yee in pacifica. she's only 10 years old, but she was able to punch her way out of an attempted kidnapping. i'll have her story. ,, ,,,,,,,,,,,,,,,,,, >>> in this case it seems like we had a tough little girl who hand herself very well. >> a man 6...
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Jun 18, 2013
06/13
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CNBC
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eye 158
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you know, it's still an economy full employment. we wish a lot of the european economies would have that situation. i find it difficult to find good talent at a reasonable price there. we have a team in brazil, 15 analysts there, and it's just an antidotal evidence, but it is proven to point. >> marfrig, what do they do? >> marfrig is a meat producer, one of the largest meat producers in brazil, and cernig is a utility company. >> okay. why do those two -- >> well, marfrig enjoys from the fact we're the commodity cycle, brazil is one of the lowest cost producers in beef. so, in a scenario where foods demand is still on the rise, we think they're going to do very, very well. we think that the balance sheet issues are going to be overcome. so, it's a restructuring story as well. on the cemig side, utilities in brazil have suffered quite a bit from the utility bill and the tariff provisions. what we're saying here is going forward, that's already in the price, so going forward, the outlook looks good. >> cemig, as we come back to talk
you know, it's still an economy full employment. we wish a lot of the european economies would have that situation. i find it difficult to find good talent at a reasonable price there. we have a team in brazil, 15 analysts there, and it's just an antidotal evidence, but it is proven to point. >> marfrig, what do they do? >> marfrig is a meat producer, one of the largest meat producers in brazil, and cernig is a utility company. >> okay. why do those two -- >> well,...
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90
Jun 18, 2013
06/13
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KPIX
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eye 90
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although the focus was supposed to be the world economy, the crisis in syria stole the spotlight. the u.s. plans to army rebels in syria while russia supports the present government. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table in geneva. we agree to push the parties to the negotiations table. >> other topics up for discussion include deterring kidnappings of foreign workers in africa and cornering globe trotting corporations into paying more taxes. >>> a scary ride for passengers on a united flight from hong kong to newark, new jersey. they were more than halfway into the 15-hour flight when a man started ranting about national security, the cia and international spying. he also claimed he and everyone else on the plane were poisoned. the crew and other passengers decided to subdue him. >> a few of us jumped on him, put him on the ground with the help of a few passengers and flight attendants. we were able to handcuff him. >> the fbi met the flight in newark and took the man away in hand
although the focus was supposed to be the world economy, the crisis in syria stole the spotlight. the u.s. plans to army rebels in syria while russia supports the present government. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table in geneva. we agree to push the parties to the negotiations table. >> other topics up for discussion include deterring kidnappings of foreign workers in africa...
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Jun 22, 2013
06/13
by
MSNBCW
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reforming our immigration would reduce our deficit a trillion dollars the next two decades and boost our economy by more than 5% in part because of businesses created, investments made, and technologies created by immigrants. >> that was president obama this morning in his weekly address. democrats and republicans unveiled a new amendment that includes $30 billion, 20 additional border agents and new drone technology. joining me now wanda summers and congressional reporter ed o'keefe. thanks for joining me. >> good morning, alex. >> ed, i was reading about immigration reform. $30 billion is a lot of money to secure the border. but will it actually accomplish that? >> that's the big question. i spent time talking to folks who represent communities along the border who work with a lot of these immigrants communities. they say they're very concerned that basically doubling the the size of the u.s. border control really could militaryize sections of it. there's concern that if you're hispanic, there are suspicions of people crossing, they might seek out people in illegal or wrong fashion. we will se
reforming our immigration would reduce our deficit a trillion dollars the next two decades and boost our economy by more than 5% in part because of businesses created, investments made, and technologies created by immigrants. >> that was president obama this morning in his weekly address. democrats and republicans unveiled a new amendment that includes $30 billion, 20 additional border agents and new drone technology. joining me now wanda summers and congressional reporter ed o'keefe....
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Jun 19, 2013
06/13
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KTVU
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we have to have economies that are working for all people. not just for those at the very top. >> you're listening to live to president obama speaking live from germany at the brandonburg gate. you have heard some of his comments. the president will also be calling for a reduction in worldwide nuclear weapons. and you can see it's very, very hot there. and a large crowd there. we will bring you much more on what president obama is saying coming up at 7:15. >>> back here at home major league baseball says san jose's lawsuit to bring the a's to the south bay is without merit. san jose city leaders filed a federal antitrust suit against the league. they formed the committee in march of 2009. they say there has been no movement in four years and they are tired of waiting. city informed a's owner lou wolf about the suit but did not ask for his permission. >>> we may now know what caused the nasty sewage problem at the coliseum last sunday. sewer pipes backed up forcing players out of the clubhouses. the a's blamed poor plumbing and aging stadium b
we have to have economies that are working for all people. not just for those at the very top. >> you're listening to live to president obama speaking live from germany at the brandonburg gate. you have heard some of his comments. the president will also be calling for a reduction in worldwide nuclear weapons. and you can see it's very, very hot there. and a large crowd there. we will bring you much more on what president obama is saying coming up at 7:15. >>> back here at home...